The Development Of The Third Party Payment In Our Country And Its Influence On Commercial Banks

After years of development, China's third party payment has accessed to the current rapid development period from the beginning of the exploration period. In the future it will gradually transit to the application maturity, becoming a constant standard, mature industrt applied in the field of public sector. With the rapid development of the third party payment services, it has become an indispensable part of the financial payment system. The third party payment is constantly developing and improving, and its influence has been the common concern of the community. In order to pay treasure, money paid through the third party payment agencies, is the impact of the traditional commercial bank's financial position. In the face of such competition, China's commercial banks will be how to change and improve their business forms in order to improve their competitiveness. At the same time, how to grasp the opportunities of the new payment revolution to develop and reform their own traditional business model, which has important practical significance for China's commercial banks and the whole financial industry.This paper first introduces the development of the third party payment of our country, and describes the third party payment institutions of the traditional and innovative models of the two, but also the third party payment risk and regulatory issues are described. Then on the basis of a brief introduction to the development of commercial banks, the focus from the qualitative and quantitative analysis of the third aspects of the impact of the traditional commercial banks to pay two. Which includes the advantages of the two comparative analysis of the third party payment of commercial banks and the impact of the theoretical analysis of the impact of the sensitivity analysis and other content, but also in the competition and cooperation relationship between the two also conducted a quantitative analysis. Finally, the development trend of the third party payment is put forward, and the future commercial banks in response to the third party payment of the competition and the impact have been analysised. The propose countermeasures and suggestions about how to strengthen their business innovation, how to seize the opportunity to cooperate with the third party payment platform for commercial banks have been brought up in the article final.